Registered Chanty No: 286898 REPORT AND ACCOUNTS for the annual financial eriod ended 31st De￿mber 2024 for Stonehouse Playspace Association Stonehouse Playspace Association INDEX TO THE FINANCIAL STATEMENTS for the 12 month period ended 31 st De￿Mber, 2024 Page Legal and Administrative Information Report of the Trustees Report of the Independent Examiner Statement of Financial Activff(ies Income and Expendtture Account Balan￿ Sheet Notes Fonning Part of the Financial Statements 8 to 11 Stonehouse Playspace Associalion Legal and Adrninistralive Inforynalion Charity P4am• and 14umber Stonéhouse Playspace Asxoalion" registered chanty number. 286898 Trustees Adrian Kemp- SÈryetary Elszabeth Lake Joy Davenport Natalie Harrison lan Weston Appointed May 2024 Appointed May 2024 Resigned May 2024 Chairperson Adrian Kemp Principal Office Stonehouse Playspace Asso(iab"on Ptymouth Scrap5tore Building, Union Street, Plymouth PL13HB Indo￿ndent Examiners St Kew Awuntsncy Ltd. W)V$anLSarvJ Ltyti4Es8no In Oannw anyacb¥ths. RISK IIAIIAGEMEKr VESThEPU POUCY RESERVES POLICY TrUSTEES' RESPOP451BIUTIES ¥wrth aFWN3bte War¥J StaThYard5 (Unit&l AuYtedAC￿￿nbry pr￿￿e) Staterr*MS eathfinantsa give a bi*athl f&rbithYofthE t*wty$slthd*r6 dufiVJ the fina￿)¥ pewd and ofrts fin¥KJal alttEgxJ rerx wacjce have ￿￿}￿kyA￿￿￿l&￿bany￿epamJreS￿￿tss￿I expiaiW Il Irt io r*e$u￿ I1FtttEtt￿￿ty*lllU￿Uein trthr*ss. rea5￿3￿ aIanybmelhefina￿￿ oftrt tsiantyak1 tr) and Rewxtsl ReguL3￿Ms2(￿)1. Twaie also res￿511* fySaÈgUardi￿ the assets rrftrecknrity￿d hette fc(thrKJ Approved tylhebusteesa loL£ INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Stonehouse Playspace A$S￿l4t10n ON THE ACCOUNTS FOR THE 12 MONTH PERIOD ENDED 31ST DECEMBER 2024 Res ctive RÈS onsibilities of TrustÈ¢s and Examiner The charity's trustees are responsible for the p￿paration of the al>￿UntS. The charitys trustees consider that an audit is rK)I required for this year under Secti￿ 144121 ol the Charibes Act 2011 lthe 2011 Ad) and th* an independent examination is needed. It is my ￿￿nsIbIlrtY lo.. . exatTtine the aco)unts under sedion 145 of the 2011 Act.. • to follow the procedures laid dovm in the General Directions given by the Charity Commissioner under sethon 145151{bl of the 2011 Act., and . lo state vknether particular rnaiters have come to my attenb"on. Basis of Inde ndent Examinerfs Re My examinats"￿ was carried out in &cordance with the Genetal Directions given by the Charity Commis￿oners. An examination indudes a review of the accounting records kept by the tharity and a comparison of the a[￿oUnts presented wth those iecords . It also indudes consideration of any unusual ttems or disclosures in the accounts and seeking explanab.ons from you as trustees conceming such matters. The prctedures undertaken do not provide all the evidence that w)uld be required in an audit and consequently no op]"nion is gNen as lo whether the ac(x)unts present a 'true and fair Vie￿ and Ihe iew)rt is lifflited to those matters set out in thè statement below. Inde ndènt Examinè￿$ Ststement In (xjnnethon wtth my examination. no matter has come to my attenb"on: whith gives me reasonable cause to td*ve that, in any material ￿speC*, the requirements". la} to keep accounting reojrds in accordaThx vAth section 130 of the 2011 Act." and Ib} to prepa￿ accounts wht¢h aox)Id wlh the ac¢x)unting ie(x)rds and lo cA)mpty wth the accounting requirements of the 2011 Act have not been met,. . to vthith, in my cyinion, altenlion should be drawn in order to enab￿ a prO￿r understanding of the accounts to be reathed. Signed.. Date.. 10th Juty 2025 Mandy Vickery St Kew Accountancy Ltd. INoodland5 Rosehill Penzan TR20 8TE Ston¢house Playspace Assoclatlon Statement of Financial Activities includin an Income and Ex ndlture Account lor the 12 month ￿lod ended 31st t)eGember. 2024 Total Funds 2024 Total Funds 2023 Notes Unrestri(*ed Funds Restncted Funds Incomlng Rèsources Incoming resources from generabng fvnds.. Activrties to generate funds Investment Incorne Incoming reSoUr￿S trom charitsble aCtiv￿eS Other ino)ming ￿sourceS T27 227 106.665 205 65,086 1(6. Total Incoming Resources 11X.892 106.892 65.291 Rèsou￿8 Expended Charitable Activities Govemance Costs 70.944 339 70.944 339 68.275 323 Total Resources Expended 71.284 71.283 68,598 Net Outgoing Resources.. Net movement in Funds 35.609 Totsi FundB at 1st January 2024 21.228 21,226 24,533 Intemal TAnsfer of Funds Totsl Funds at 31st December 2024 56.835 56.835 21,226 Stonehouse Playspace Association Income and Ex nditure Account for the 12 month pericKI ended 31st D￿Mber. 2024 01101124- 31112124 INCOME Eamed Income PPYC Fees IIRecharges) PYS Fees IIRechargesl Rates Recharges Donation Nel Interesvlnvestment Income 8,000 20,552 35.434 2.680 40.000 227 GROSS PROF 106,892 EXpEND￿uRE Salaries HMRC Pensions Adminislralion Insurance Rates Refreshments Telephonellntemet Professional Fees Miscellaneous Bank Charges 54,S80 8.001 2.218 S32 S49 3.013 1.922 339 55 71.283 NET SURPLUS FOR THE YEAR 35,609 DEPRECIAllON Equipment OPERAnNG SURPLUSIIDEFICIT) FOR THE YEAR 35,609 RETAINED SURPLUS BROUGHT FORWARD 21,226 RETAINED SURPLUS CARRIED FORWARD 56.835 Stonehouse Playspace Assoclatlon BALANCE SHEET AS AT 31ST DECEMBE￿ 2024 31MY2024 3111212023 FIXED ASSETS Tangib￿ Assets 12 NT ASSETS Debtot5 & PrepayTnenls Shares Cash at Bank & in Hand 14 13,805 282 49.SSO 4,983 282 21.680 63.638 26.945 CREDITORS AND ACCRUALS Amounts lallirpJ due year 15 5,720 NETC flRENT ET 56.835 21,226 CREOITORS Amounts fallirvJ due 3fter one year 1S TOTAL ASSETS LESS CURRENT LIABILMES 56,835 21,226 CAPITAL AND RESERVES Reslrthd FurKIs Unrestritt&l Funds 56,835 21.226 56,835 21,226 ON BEHALF OFTHETRUSTEES". SvJned by Trustee Adrian Kemp -Print Name proved by the Trustees on". . 2025 Stonehouse Playspace Assoclation NOTES TO ThE FINANCiAL STATEMENTS for ts 12 monlh Fen¢xJ ended 31st December, 2￿24 1. ACCOUNnNG POLICIES: Accountlng convontion The finanryal slatenEnts have ￿en prepared under the hL8torital u)St (x)n¥entK>n and on an Aecruals basi$. in accordan￿ with the S18temertt of RecornTrEnded Pi8(*cel20051.the Finanoal Standard for SmallÈr Entrt*5 leffeL#Ne January20111 a￿1 ts Charit*s Act 2011. Voluntary I￿oMe Negl¥ib* amounts ofvduntary by￿Ty0f{￿at1O￿s and E ind￿Jed in lull in Statement of Financial Ad¥Aties vh*n re￿￿8￿. The Value of ser¥wx provKJed ty ￿lUntee[S has not ttrn mcluded. Expenditu ReSoUr￿S expenLled are reC￿niSe¢j in the per￿￿ In￿[￿1. Resou￿5 expended indude attribulableVAT whith ran not be tKover8d. Unrestrictsd Funds Unrestricted funds are donations. lettiws incon* and other incomin9 resour￿$ rec*Nab￿ orgenerated for tt abjects oflhe chanty without further purwse are ava5Libk use as genÈral funds ai Ihe dwetK)n olthe tW5tees In furthwan¢* ofthe general obJectNes of the tharty. Designated Funds tksignated lunds are UnreSt[K￿ fUr￿S eaimarked by Ihe management cunmrttee for partiraJLarpurpose. Restricted Funds Restricted funds are lo be forspecific purposes a5 laKI d¢y*n by Ihe donor. EXt￿mjitup whith meets these criteria is charged to the fund. together￿￿ a fair allocation of management and supwrt cA)sts Tangible Fixed assets Fixed assets are capitali8ed at COSI. It is poliw not to capitafse assets ￿$t1￿j ￿$8 than £150. ForvalualKn purposÈs. depre¢Aation ￿ cathxjlated atthe folky*in9 annual rale5. in ￿der to wwite off each a55el over its estimated useful lrfe". Vehicles P￿t￿re$ anfj Fithn95 Equipment.. 18% on a stsavjht linp bas￿. 18% a 5tRvJhl line bas￿. 18% on a stravjht line basts. 2. DoN￿￿ON$ 31112nQ24 3111212023 Totsl Total Gèneral donatvx 3. CURRENT ASSETS: Cosh aryl Bank 3111tr2024 3111Z12023 Cash In Hand General Fund- Curtenl Busine55 Resetve 38.173 11.375 4.529 17.148 49.548 21.678 Stonehouse Playspace Assocoation NOTES TO THE FINA14CIAL STATEIIEMTS forthe 12 month peri(xl enda 31st Def*mber. 2￿24 4. M4coMfNG RESOURCES FRLXIACTII*TfESTO FL*TFER ￿cHARITY5 0￿cTs 31112r1024 31I12tt023 Tolal Eamed Ir￿[ne PPYC SaLine￿AdmIn IReL*arges} PYS Sa￿￿eS/{Re￿arW) ,552 20,S52 3S.434 19.200 33.147 3.OZ8 Donatyon 227 205 1(￿.992 106fft2 6517S 31112tt024 Total 3111212023 Totsl UKhivesbY*nt Shares W 01101r24 282 DIS￿SaL ShatES W 31112r24 ZSZ 282 6.TRAJ4SACnONS IVWTH TrUSTEES 7. FEr INCOMING RESOURGES FOR THEYEAR Gen￿1 31112RD24 31112rkn Fur Yotsi FurKls TL*al Fu￿S This is Stated *r¢h8yng" 323 Dewabon 339 323 8. GOVERNAJ4CE COSTS 3111712024 31112f2D23 Toial FuThts TLW Futwjs Fund F￿rt 3TJ 323 qo. STAFF COSTS AND NUMBERS 31112R024 3111212ri23 51.499 HMRC 2.218 2.0 61.766 Stonehouse Playspace Associalion NOTES TO THE ANANCIAL STATEIAENTS for Ihe 12 monlh peEKMI ended 31st DÉ(2mber. 2024 11. DIRECT CHARITABLE EXPENDITURE Ge5*tal Re5trKted 3fff1212024 33111212023 Fund Fund Totsl Fwids T¢)tal Funds SalariÈs HMRC Pensths Administration Insurar Rale5 Rent Ublil*s 51.499 8,233 2.033 918 8.W1 2.218 001 l218 532 549 3,013 10 549 3.013 10 3.023 421 Refre5hrnents Te￿￿(￿lI￿te[rEI PrOfesS￿n81 Fees MtsiElla￿ous Bank Ch8tge5 1.922 339 413 58 72.513 71513 68.598 A(*Jitional rx)te.' Treatrnent of Ihe siaff (X￿ts fyurvswe ￿lAU*J lo iK*JJe fr empw ubh*l ty Plym(Mrth SaAirKJ aThl P￿(￿1(￿ Pa￿lK￿ Y(xth c￿b. 12. ASSETS Equipment C05l Broughl Forvfdr Additions Fully Depretiaied at 31st De￿mtser, 2￿24 Acctsmulattd Depr￿￿ty0n eroughl Forward Charge for the peri&Y Fully Depre¢Aated As at 315t Decemter. 2024 Net Book Valuo.. As at 31st De(xm￿r. 2024 Npt Book Value.. As al 1st January. 2024 13. TAXAMON 14. DEBTORS AND PREPAyMEl￿s.. Amounts falling d￿￿1[hin one year 31112r 3111212023 Trade Debtor5 IRethargesl 13.805 4.886 97 4,983 13.805 10 stone1￿U$e PlaYSpa￿ Association NOTES TO YHE FINANCIAL STATEMENTS forthe 12 month peri￿ en(*d 31st tkntnbei. 2024 1$. CREDITORS AND ACCRUALS.. Amwnts dupwthin one 31MtIZ924 31I1212Qt3 197 4.016 1.337 363 HMRC A¢xDJals 5.720 16. CAPITAL COMMITMENTS 17. AFiALY￿s OF NET ASSEIS BET¥￿ FUNDS General Do8iynwted Restricted Funds Funts F￿d* Ta￿1b￿ fixa asgels Current assets LK*1th5 Neta5sety 8$* 31st Cknber. 2024 63,63B 6,804 S6,835 18. MOVEIIEtrffS IH FUNDS Inerthillg Totsi Restricted Funds Total Llnre5triclgd Fut 21.228 71.283 56,835 Totsl Futhds 21,226 106m2 71.283 56,835